Tile Adhesives & Stone Adhesives Market - Forecast(2023 - 2028)

Tile Adhesives & Stone Adhesives Market size is forecast to reach $5.1 billion by 2025, after growing at a CAGR of 9.8% during 2020-2025. The increasing number of housing ventures and increased use of decorative ceramic and thin porcelain tiles are the factors driving the market. Owing to the better awareness of the benefits of tile adhesives, increased demand for ceramic tiles and increased urbanization the demand for tile adhesives & stone adhesives is increasing. Since repairs & restoration is one of the major markets in emerging as well as developing economies for tile adhesives & stone adhesives, the market for tile adhesives & stone adhesives industry is expected to grow in the forecast period.

The: “Tile Adhesives & Stone Adhesives Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Tile Adhesives & Stone Adhesives Industry.

By Type: Cement Based Tile Adhesives, Polymer Modified Tile Adhesives, Ready Mixed Tile Adhesives (Emulsion), Epoxy Tile Adhesive, and Others

By Technology: Water Based, Solvent Based, and Hot-Melt 

By Application: Ceramic Tile Adhesives, Porcelain Tile Adhesives, Natural Tile Adhesives, Mosaic and Glass, Epoxy Tile Adhesives and Others

By End Use: Residential, Non- Residential, and Others

By Geography: North America, South America, Asia Pacific, Europe, and Middle East & Africa 

Cement based tile adhesives are extensively used in Tile Adhesives & Stone Adhesives Market. Cement based tile adhesives are the most commonly used chemistry worldwide since cement is readily available and suits a wide variety of ceramic and porcelain tiles. Owing to their lower price, high bong and shear strength, fewer shrinkage cracks, less labor and time-intensive, cement adhesives are generally used in construction activities. Cement based tile adhesives are primarily used as adhesives for the ceramic floor tiles and adhesives for the wall tiles. Polymer-modified cement and water-resistant cement are ideal for internal as well as external use. Owing to the properties such as long pot life and good shock resistance of Cement based tile adhesives the demand for tile adhesives & stone adhesives is anticipated to rise in the forecast period. 

Solvent-based technology is used widely in the tile adhesives & stone adhesives. Solvent-based adhesive is a glue or adhesion product normally available in liquid form. Solvent-based adhesives make it easier to apply, because they contain an adhesive inside a more malleable or spreadable substance. A more thorough adhesive coating will ensure effective performance. The polymer solution is easily able to dry rapidly as the solvent evaporates as the solvent-based adhesives are added. After the solvent evaporates, the glue becomes stronger until there is no solvent remaining in the solution, and the adhesive achieves its optimum effectiveness. Hence, due to these factors the technology is estimated to rise in the projected era.

Porcelain tile adhesives held the largest share in the tile adhesives & stone adhesives market in 2019. Porcelain tiles are usually more compact and sturdier than ceramic tiles, making them suitable for light and heavy flooring systems. Porcelain tile adhesives offer excellent catch, resistance to moisture, and cure levels. Porcelain clays are therefore more compact, and thus less brittle than ceramic clays. It makes porcelain tile stronger than ceramic tile, and more impervious to moisture. This is known to be more durable and better suited for heavy use than ceramic tile, due to its structure across the body. Hence all these factors will further drive the market for Tile Adhesives & Stone Adhesives in the forecast period.

Residential Sector held the largest share in the tile adhesives & stone adhesives market in 2019 and is projected to grow at a CAGR of 7.6% during the forecast period 2020-2025. Modifier and additive production are the primary factor in enhancing performance, workability, and adhesion. The majority of adhesives are used in the residential construction industry to fasten decorative and finishing materials to the exterior and interior of buildings. The increasing use of decorative tiles in dormitories, apartments, hotels, and individual houses, with uses including flooring, wall coverings, countertops and backsplashes, and other applications will further drive the market for tile adhesives & stone adhesives. Besides, ceramic tile adhesive is an emulsion that is in ready-to-use condition to be used on residential building structures. These adhesives serve as binders, colloids for protection, and agents for suspension & stabilization. Additionally, the use of ceramic tile adhesives in the building & manufacturing industry as coating polymers and as lubricity & workability enhancers will boost the market for Tile Adhesives & Stone Adhesives in the forecast period.

North America held the largest share with 42.7% in the tile adhesives & stone adhesives market in 2019. The market for tile adhesives & stone adhesives in the North America region is mainly driven by the ongoing developments in the construction industry in the U.S. This growth in the market is attributed to increased reconstruction activities undertaken by homeowners. Homeowners in this area are in a bid to give their homes a stylish look and appealing interior, which can boost tile adhesive demand in the U.S. during the forecast era. According to the Commission for Environmental Cooperation (CEC), commercial and residential building projects in Canada, Mexico and the United States account for around 20, 30, and 40% of primary energy demand, respectively. Also, according to the International Trade Administration, in Mexico, the overall value of Federal Government construction projects in 2018 was estimated at USD 110 billion, 30 percent of which was allocated to Pemex (government-owned oil company); 35 percent was allocated to highway construction; another 22 percent was allocated to housing and multi-purpose buildings, and the remaining 13 percent were allocated to other infrastructure projects.

Moving large numbers of the population to urban areas for jobs and a better standard of life also fuels the demand for infrastructure construction in developing countries. It is expected to fuel demand for tile adhesives & stone adhesives and therefore increase demand for ceramic tile adhesives. Civic infrastructure develops at a considerable pace across different geographies. Developing country's governments like India are working to improve the country's construction industry. For example, India's government has launched a subsidy scheme for first-time home buyers. The system is known as ' Pradhan Mantri Awas Yojna’. It fuels the country's demand for residential construction and thus propels the market for ceramic tile adhesives & stone adhesives.

The family of a vinyl ester is one of the most common polymers in the adhesive field. Polyvinyl acetate (PVA) is the vinyl ester most used in stone and tile adhesives manufacturing. These adhesives, along with different temperature ranges, are often mixed with other substrates to enhance bond and strength. For instance, PVA adhesives are used in conjunction with melamine-based adhesives to improve adhesive working with water and high-temperature environments. Prior to the application of tile adhesive, primers play a significant role in the preparation of surfaces. PVA primers help to reduce the porosity of highly absorbent substrates, and when applied prevents the rapid suction of water from the adhesive tiles. PVA-based products which contain varying levels of PVA polymer are flooding the market. In choosing a general-purpose PVA for priming, the varying polymer levels will also introduce variations into the film thickness, which remains on the surface when the primer has dried up.

Lack of awareness about the use of ceramic tile adhesives for tile installations is one of the main constraints on the market for tile adhesives & stone adhesives in developing countries. In developing countries, construction professionals still use mortar as an adhesive for the installation of wall and floor tiles. However, an increase in the number of workshops and seminars conducted by manufacturers of construction materials has increased recognition of the benefits of using tile adhesives & stone adhesives. Increased use of wallpaper and floor carpets in commercial and office spaces is also expected to pose a challenge to the demand for tile adhesives & stone adhesives.

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the tile adhesives & stone adhesives market. In2019, and the market of the tile adhesives & stone adhesives market has been consolidated by the top five players accounting for xx% of the share. Major players in the tile adhesives & stone adhesives market are Bostik SA, B. Fuller Construction Products Inc., Pidilite, BASF SE, Fosroc International Ltd., Sika AG, Saint-Gobain Weber among others.